Research and the Regional Economy: The Research University as Driver
This report recommends ways in which universities and their municipalities can work together to achieve economic development. According to the report, great public universities have global footprints, but they are also intricately linked to their local and regional economies and to broad strategic economic development initiatives.Virginia Tech’s worthy goal of reaching the top 30 institutions in total research spending by 2010 will be doubly meaningful if it can translate into a larger benefit for the Commonwealth and the New Century Region.
Link
http://regionalstrategies.org/artman/uploads/researchreport.pdf